Italian Trade Surplus Widens Again in July


In July, Italy's trade surplus widened to €5.95 billion from a surplus of €4.73 billion registered in the same month of 2012. Exports rose 3.0 percent and imports were slightly down by 0.3 percent.

In July, compared with the same month of the previous year, exports increased by 3.0 percent (2.6 percent for EU countries and 3.5 percent for non EU countries) while imports decreased by 0.3 percent (+1.1 percent for EU and -1.9 percent for non EU countries). The accumulated trade balance (January-July 2013) reached to €18.2 billion (€7.7 billion for EU and €10.5 billion for non EU trade).

In seasonally-adjusted data, compared to June 2013, exports were up down 2.3 percent and imports rose 0.4 percent. Shipments decreased for both the EU market (-2.5 percent) and non EU market (-2.0 percent). As regards imports the growth was the synthesis of an increase for non EU countries (+1.6 percent) and a decrease for EU countries (-0.6 percent).

Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed an increase of 0.9 percent for outgoing flows and a drop of 0.2 percent for incoming flows.

Italian Trade Surplus Widens Again in July


Istat | Nuno Fontes | nuno@tradingeconomics.com
9/16/2013 9:16:55 AM